The World's Billionaires

#113 Viktor Vekselberg

03.10.10, 06:00 PM EST

Ukraine-born oil and aluminum baron fined $38 million last year by Swiss authorities investigating his 2006 share purchase in electronics maker Oerlikon; he is charged with concealing information about the deal but is appealing.

Ukraine-born oil and aluminum baron fined $38 million last year by Swiss authorities investigating his 2006 share purchase in electronics maker Oerlikon; he is charged with concealing information about the deal but is appealing. Owns a stake in TNK-BP, Russia's second biggest private oil company; stock up twofold over past year. Also overseeing turnaround at aluminum giant, UC Rusal, which he formed with fellow billionaire, Oleg Deripaska; the company, raised $2.2 billion in an initial public offering in Hong Kong. Made his first million selling scrap copper from worn out cables. In the 1990s together with fellow billionaire Leonard Blavatnik bought aluminum smelters, united them in SUAL which later become a part of UC Rusal. Consummate dealmaker also has interests in chemicals, utilities and telecoms. Owns collection of Faberge eggs.